1056 Corsica Dr, Pacific Palisades, CA 90272
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1056 Corsica Dr Pacific Palisades, CA 90272

$16,495,000
  • 5 Beds
  • 5 Baths
  • 5,376 Sq.Ft.
For Sale
$16,495,000 Get Pre-Qualified

Map preview of 1056 Corsica Dr, Pacific Palisades, CA 90272

Property Overview: 1056 Corsica Dr Pacific Palisades, CA has 5 bedrooms, 5 bathrooms, 5,376 living square feet and 24,998 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Incredibly hard to find a double-lot (two separate parcels; 1056 and 1040 Corsica Drive) that boasts apx. 25,000 square foot flat lot on one the best and most prestigious and gorgeous tree-lined streets in the Pacific Palisades Riviera; within a short distance to the world recognized Riviera Country Club; one of the greatest golf courses in the world, and host to the greatest golf tournaments in the world. Inside this beautiful traditional style home offers a seamless blend of comfort and sophistication across its spacious and open floor plan, offering apx. 5,376 square feet of living space with the potential for the next owner to create a grand brand new home. Seller has fully approved plans to build a 12,000 square foot brand new home on this rare resort like yard, to create a legendary, or to fully enjoy the home as-is. The first floor of this beautiful home exudes warmth and natural light, with sun-filled living spaces that seamlessly flow to the outdoors, taking full advantage of the incredible and truly breathtaking landscaped grounds that provide multiple outdoors to enjoy.Dive into relaxation in the shimmering pool, unwind in the bubbling hot tub, or gather around either of the two inviting fire pit areas for evenings filled with laughter, warmth and creating a lifetime of memories. Challenge friends to a friendly match on the paddle tennis court or full-size basketball court, kids can play on the built-in trampoline, slide and swing using the outdoor play structure or enjoy a game of grass volleyball in your own private oasis. With multiple patios and an outdoor grill area, entertaining is effortless, whether it's an intimate gathering or a grand affair for hosting large events or weddings that can host 200+ guests. Excluding the primary suite and nursery, all 4 secondary bedrooms are downstairs. One of the downstairs bedroom suites can easily be used as a secondary primary. Prepare gourmet meals with ease in the professional chef's kitchen, featuring top-of-the-line appliances and a layout designed for culinary mastery, with a large breakfast area nearby, all opening to the massive family room with cozy fireplace and secondary breakfast area with bay window to enjoy the views of the incredible yard.Whether you host casual meals in the family room or host elegant dinner parties in the formal dining room, each offers its own unique ambiance.Ascend upstairs to the 2,500 square foot second-story primary suite that overlooks the property. Indulge in the spa-like bathroom area with a unique skylit shower, and find inspiration in the well-appointed office space that is currently used as a nursery. The suite also provides a massive closet with an entire additional room behind a secret door that storage is never an issue. Rarely do homes like this come on the market, with the ability to buy both lots side-by-side to either keep as-is, build a legendary estate using both lots or build a separate home on the separate lot.

Listed by Robert Radcliffe | BRE #01132704 | Sotheby's International Realty
Last checked: 9 minutes ago | Last updated: April 22nd, 2024 | Source CRMLS | DOM: 23
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Home details

Lot Sq. Ft
24,998
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24369351
City
Pacific Palisades
County
Los Angeles
Time on Site
30 days

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Property Details for 1056 Corsica Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room
Room Information
  • Flooring: Carpet, Wood
  • Center Hall, Family Room, Living Room, Office
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor
Bathroom Information
  • # of Baths (Full): 5
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: In Ground, Heated
Exterior Features
  • Pool Features: In Ground, Heated
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Carport, Garage, Gated, Side by Side
  • Has Attached Garage
Lot Information
  • Lot Features: Back Yard, Landscaped, Lawn, Front Yard
  • Lot Size Source: Other
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Parcel Number: 4408007006
  • Architectural Style: Traditional
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
  • Association Amenities: Other Courts, Paddle Tennis, Pool, Spa/Hot Tub
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Sunset Blvd between Amalfi and Capri.
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Sale History for 1056 Corsica Dr

Last sold on November 10th, 1998
  • April, 2024

  • Apr 3, 2024

    Date

    Active

    CRMLS: 24369351

    $16,495,000

    Price

  • November, 1998

  • Nov 10, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 1998

  • Nov 9, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1056 Corsica Dr

Assessed Value (2020): $2,704,252
Year Land Value Improved Value Assessed Value
2020 $1,340,317 $1,363,935 $2,704,252

Home Value Compared to the Market

This property vs the competition

1056 Corsica Dr is listed 266.56% higher than the median list price for the city of Pacific Palisades which has a median list price of $4,500,000. The median price per/sqft for Pacific Palisades is $1,367 and this home is listed at $3068.27 per/sqft which puts the price per square foot 124.45% higher than the median price per square foot for the city of Pacific Palisades.

About 1056 Corsica Dr

Detailed summary of property

1056 Corsica Dr is a single family home located in Pacific Palisades, CA 90272 and is currently for sale. This house offers 5 bedrooms, 5 bathrooms, roughly 5,376 living square feet, and sits on an approximately 24,998 square foot lot. 1056 Corsica Dr was first listed on ArdentRealEstateGroup.com on March 27, 2024. The homeowner is currently asking $16,495,000. The median priced home in Pacific Palisades is $4,500,000 with a median price per square foot of $1,367. Based on Ardent Real Estate Group's Pacific Palisades Market Data, this home is listed 266.56% higher than the median priced home. Local competing homes currently for sale include 12251 Castlegate Dr, 1225 Chickory Ln and 11929 Brentwood Grove Dr. While the average home in Pacific Palisades, CA is selling in 107 days, 1056 Corsica Dr has a days on market of 23 days. There are currently 143 homes for sale in the Pacific Palisades real estate market and 112 of them are single family homes while 20 of them are condos and 11 are townhomes. For more information on this home for sale at 1056 Corsica Dr Pacific Palisades, CA 90272 contact Ardent Real Estate Group and we will put you in touch with one of our Pacific Palisades agents.

Public Facts for 1056 Corsica Dr

Public county record property details
Beds
5
Baths
5
Year built
1951
Sq. Ft.
5,376
Lot Size
12,495
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
6
APN
4408-007-006

The source for these homes facts are from public records.

90272 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,245,000
Median List Price/Sq.Ft.
$1,352
Median Sold Price
$3,025,000
Median Sold Price/Sq.Ft.
$1,201
Total Inventory
153
Median Sale to List Price %
101%
Avg Days on Market
40
Loan Type
Conventional (4.35%), FHA (0%), VA (0%), Cash (4.35%), Other (0%)

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Related Resources to 1056 Corsica Dr

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.